Adani Group Firms, Directors Settle SEBI MPS Case for Rs 1.48 Crore

Four Adani Group companies and their directors have settled proceedings with SEBI over alleged minimum public shareholding violations, paying a combined Rs 1.48 crore. The settlement covers Adani Enterprises, Adani Power, Adani Ports and SEZ, and Adani Energy Solutions, along with Gautam Adani and other directors. SEBI initiated the investigation in October 2020 following complaints.